Logistics Bureau

SEPTEMBER 4, 2023

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. We’ll begin with a look at pricing strategy.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. Firefighting is the norm.

Supply Chain Design Software 166

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 166

Logistics in War

MAY 2, 2024

By David Beaumont On 17 April 2024, Defence’s Integrated Investment Plan was published as a companion to Australia’s National Defence Strategy. [1] There are, of course, many other examples where assumptions had led to risks being accepted in advance of war, and preparedness failures occurred as a result.

Resource Reduction 106

Resource Reduction Strategy Military Logistics 106

Parade

MARCH 3, 2021

Digitize Invoicing to Eliminate Errors and Guard Cash Flow. Whether in packing a freight truck or tracking invoices, wasted time and resources can quickly eat into your margins. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

Conger

JANUARY 17, 2023

5S Warehouse Examples 5S Warehouse Training: How to Get Your Team Ready How to 5S a Warehouse Warehouse 5S Checklist Warehouse 5S FAQs Warehouse 5S Quiz What Is 5S? Warehouse 5S is a lean management strategy that helps warehouses accomplish a basic objective: making problems visible. This reduces the time needed to search for things.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

GlobalTranz

DECEMBER 5, 2018

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

Price Reduction 67

Price Reduction Resource Reduction Cost Reduction Inventory Reduction 67

GlobalTranz

AUGUST 19, 2015

It's the classic paradox of the internet: there's an enormous number of resources out there, but finding them can be a huge hassle. That's why we've put together 5 free resources for freight brokers like you can't afford to miss out on. Even the freight transportation industry can't avoid this problem.

Resource Reduction 84

Resource Reduction Freight Training Blog 84

Logistics Viewpoints

FEBRUARY 17, 2023

The American and Canadian militaries believe that the balloon was for surveillance, while the Chinese government said it was a civilian meteorological research airship that had blown off course. Expanding the smart package initiative will help UPS strengthen its network efficiency as it seeks to reduce costs in a cooling demand environment.

Supply Chain Planning Software 121

Supply Chain Planning Software Logistics Network Optimization Software Cost Reduction Waste Reduction 121

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. Mini Case Study: Walmart.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Logistics Business Magazine

OCTOBER 9, 2023

Now, traffic management can be linked in real time to resources such as Google, working out not just the work-around a current problem, but using its learning to predict where the congestion is likely to occur, which strangely often isn’t at the site of the actual incident. A minor example is some work we recently did for Birlea.

Warehousing 64

Warehousing Sourcing Strategies Supply Chain Planning Software Resource Reduction 64

Parade

MARCH 3, 2021

Digitize Invoicing to Eliminate Errors and Guard Cash Flow. Whether in packing a freight truck or tracking invoices, wasted time and resources can quickly eat into your margins. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Parade

MARCH 3, 2021

Digitize Invoicing to Eliminate Errors and Guard Cash Flow. Whether in packing a freight truck or tracking invoices, wasted time and resources can quickly eat into your margins. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Logistics Business Magazine

SEPTEMBER 6, 2023

The company in this example has tailored its fulfilment concept precisely to these demands and implemented it with state-of-the-art technology from its long-term intralogistics partner SSI Schaefer. Example contents include headache pills, nasal sprays, and adhesive bandages.

Picking 65

Picking Automation Optimization Software Material Savings 65

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

Logistics Bureau

FEBRUARY 6, 2023

2: Using KPIs That Are Not Aligned with Supply Chain Strategy We’ve stated many times in our articles that a supply chain strategy can only succeed when aligned with the overall business strategy. The whole point of KPIs is to show you how effectively your strategy is working by indicating progress toward your strategic goals.

Supply Chain Software 100

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 100

Logistics Viewpoints

NOVEMBER 10, 2022

Autonomous mobile robots (AMRs), for example, can perform many tasks in warehouse or distribution center settings (including moving pallets, product picking and fulfillment) that are typically viewed as repetitive or non value-added, thereby freeing the workforce to perform other activities and ultimately increasing productivity.

Supply Chain Software 117

Supply Chain Software Logistics Network Optimization Software Inventory Reduction Resource Reduction 117

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. In the report, you will find capabilities across five categories: technologies, competencies, frameworks, operating model strategies, and organizational models. Firefighting is the norm.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 62

Logistics Bureau

JULY 10, 2018

While the development of a wholly demand driven supply chain (DDSC) might not be for every enterprise, there is no doubt that many can benefit from such as strategy. “In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” ” – Mark Zuckerberg.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Supply Chain Software 48

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling. The Digital Warehouse, Fueled by Optimized Labor.

Optimal Sourcing 112

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 112

Bringg

MARCH 24, 2021

To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction. A good example of such a strategic decision could be choosing a warehouse’s location. That being said, it’s also as important to consider competitors’ strategies to respond to demand. . GlobalTranz ).

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Logistics Viewpoints

NOVEMBER 21, 2022

Those brands include Pepsi, of course, but also Lay’s, Quaker, Doritos, Cheetos, and Gatorade. Because of the food giant’s size, their sustainability strategy also is very broad. The focus of my interview with Mr. Andrew was the company’s efforts to reduce greenhouse gas (GHG) emissions across their end-to-end value chain.

Food and Agriculture 112

Food and Agriculture Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 112

Logistics Viewpoints

NOVEMBER 2, 2021

When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. This includes reevaluating resource allocation. It’s all about plowing through the next wave.

Supply Chain Planning Software 110

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 110

Logistics Bureau

MAY 24, 2021

It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. It’s a good one to consider, and perhaps an appropriate stimulus for companies to review inventory performance and revise their strategies. Using the previous example, dividing 365 days by 10 gives you 36.5

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

FreightWaves SONAR

FEBRUARY 16, 2021

Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. Freight intelligence tools help management develop a more unified freight strategy. Knowing how fleets operate day in and day out will help provide a clear picture of efficiencies.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

Turvo

JUNE 3, 2020

As explained by Rick Brumett of Industry Week , these factors contribute to a growing sense of unrest, and then, beyond the planning and strategies around what happens in the supply chain from sourcing to delivery, there is always the risk of cybersecurity in the digital supply chain. That’s only a portion of the possible challenges.

Supply Chain Planning Software 54

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Collaboration 54

EazyStock

JANUARY 27, 2021

In addition to shorter lead times, lower shipping costs, no tariffs and a typically lower MOQ, domestically-source products usually are higher quality – plus, sourcing domestically can work as an attractive marketing strategy. Cutting these extraneous costs is one of the ‘no-brainer’ ways to save money in 2021.

Supply Chain Software 96

Supply Chain Software Supply Chain Planning Software Inventory Reduction Supply Chains 96

GlobalTranz

FEBRUARY 25, 2021

For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. In the case of reverse logistics, the resource goes at least one step back in the supply chain. Of course, customers may opt to complete a return in-person.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Logistics Bureau

NOVEMBER 11, 2020

Whereas online courses and programmes were previously managed as a separate entity, they are now an integral part of most academic systems. The study showed that upwards of 30 percent of American students enrolled in at least one online course in 2018. Online courses are the quickest path for a student to obtain a degree.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Buyer Training Training 75

Logistics Bureau

JULY 10, 2023

Nevertheless, because other business functions must be up and running first, you may have postponed the strategy for accessing those services until later on. You will still need a hand on the tiller to define logistics strategy, manage the relationship with the 3PL provider , and monitor performance. Is a 3PL Right for Your Business?

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

FreightWaves SONAR

NOVEMBER 19, 2020

Of course, no disruption comes close to those that have been experienced to date in 2020. Consider this example. However, AI can provide a pathway toward more proactive, responsive management strategies. Consider this example. . Of course, even those capabilities hinge on AI to digest, interpret and act upon data. .

Supply Chain Software 105

Supply Chain Software Supply Chains Sourcing Strategies Scenario Planning 105

GlobalTranz

OCTOBER 13, 2016

Training Can Be Part of Workforce Development Strategies. Of course, apprenticeships can begin outside of the manufacturing sector as well. For example, companies already requiring employees to work overtime may see overtime hours decrease when an additional pair of hands is available for work. Take the smartphone for example.

Buyer Training 92

Buyer Training Cost Reduction Resource Reduction Factories 92

Ship Monk

AUGUST 3, 2022

Not all of those examples are exactly illustrious, but they do (for the most part) prove that two heads really are better than one. We’ll get into some examples of the different types of “PLs” later, so hang on to your hats! Of course, not all logistics service providers are created equal, which leads us to.

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Inventory Reduction Resource Reduction 52

GlobalTranz

OCTOBER 20, 2016

Manufacturers must think about new ways to reduce overhead and eliminate downtime in their factories, such as creating proactive maintenance plans and better allocation of resources. For example, companies can implement new programs and create new resources that meet the demands of millennials.

Buyer Training 95

Buyer Training Resource Reduction Cost Reduction Material Savings 95

Logistics Viewpoints

MAY 27, 2021

In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations.

eCommerce 138

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 138

Ship Monk

APRIL 4, 2023

Meanwhile, if a shipping label is incorrect (in terms of sender or receiver information), blurred, or even peeled slightly, an order can easily veer off course. Of course (see what we did there?) Here are nine strategies for nipping the negative impact of lost packages in the bud. #1 it’s not always on you.

Packaging 79

Packaging Tips eCommerce Inventory Reduction 79

Logistics Business Magazine

JULY 28, 2022

Without having an overview of the location and status of inventory, or the ability to forecast customer demand to prepare for a surge in sales, businesses could not react quickly enough and plan the right course of action. For example, the U.S. On top of this, businesses struggled with both sourcing and receiving products.

Supply Chain Planning Software 68

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 68